Company Overview
DEFSEC Technologies Inc. engages in the development and commercialization of tactical systems for security, and personal defense markets. The company offers DEFSEC Lightning, a military digitization technology; Less-Lethal Munitions Systems, including PARA SHOT, a next-generation less-lethal system and ARWEN, a 40mm munition and new marking cartridge; It also provides BMA-Ready Solutions, including TAK and ATAK, tactical digital fires, battlefield laser detection system, and phantom tactical multi-function electromagnetic spectrum operations system. DEFSEC Technologies Inc. was formerly known as KWESST Micro Systems Inc. and changed its name to DEFSEC Technologies Inc. in June 2025. DEFSEC Technologies Inc. was founded in 2017 and is headquartered in Ottawa, Canada.
Why Investors Should Care
Revenue has grown at a 89.9% CAGR over the past five years.
Carries low leverage with a debt-to-equity ratio of 0.25.
Recent Developments
- Sep 2025 Revenue of $4.94M (+228.6% YoY); net profit $-9.63M.
- Trailing 12 Months Year-on-year growth — revenue +92.0%.
- 5-Year Trend Long-term compounding — revenue CAGR 89.9%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 89.92% |
| 1 Year: | 92.00% |
Stock Price Performance
| 1 Year: | -61.92% |
| 6 Months: | -32.61% |
| 3 Months: | -60.05% |
| 1 Month: | +23.02% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)45.85 · Neutral
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Compounding revenue at 89.9% over 5 years.
CONS
- Trading 70.5% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | DFSC DEFSEC Technologies Inc. DEFENCE | 1.55 | -1.12 | $5.38M | 0.00% | - | - | 89.92% | - |
| 2 | SPCX Space Exploration Technologies Corp. R3KAIDEFENCE | 153.47 | -139.52 | $1.16T | 0.00% | -3.22% | -11.95% | 34.08% | -3.34% |
| 3 | CAT Caterpillar Inc. SPXR3K | 822.48 | 35.47 | $378.07B | 0.79% | 17.98% | 56.97% | 2.29% | 5.24% |
| 4 | GE GE Aerospace SPXR3KDEFENCE | 334.91 | 39.40 | $347.49B | 0.60% | 9.52% | 48.23% | -7.42% | -5.36% |
| 5 | RTX RTX Corporation SPXR3KDEFENCE | 198.81 | 35.06 | $267.95B | 1.51% | 8.28% | 12.27% | 2.61% | 2.62% |
| 6 | GEV GE Vernova Inc. SPXR3KAI | 971.31 | 27.86 | $258.69B | 0.22% | 6.30% | 82.58% | 8.68% | - |
| 7 | DE Deere & Company SPXR3K | 680.73 | 37.88 | $183.54B | 0.95% | 12.53% | 18.24% | 3.43% | 5.10% |
| 8 | UNP Union Pacific Corporation SPXR3K | 288.45 | 23.38 | $171.36B | 2.01% | 15.22% | 39.70% | 2.30% | 7.77% |
| 9 | BA The Boeing Company SPXR3KDEFENCE | 210.73 | 75.80 | $166.43B | 0.00% | -9.01% | - | 1.67% | -3.28% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Revenue | - | 1.26M | 1.42M | 1.37M | 1.31M | 2.12M |
| Cost of Revenue | - | 950.14K | 1.02M | 753.29K | 903.04K | 1.49M |
| Gross Profit | - | 314.02K | 399.49K | 620.01K | 404.69K | 625.97K |
| Operating Expenses | - | 2.05M | 2.22M | 3.32M | 2.47M | 2.53M |
| Operating Income | - | -1.73M | -1.82M | -2.70M | -2.06M | -1.91M |
| EBITDA | - | -1.13M | -1.93M | -2.16M | -1.82M | -1.78M |
| Interest Expense | - | 48.36K | 71.81K | 74.98K | 81.86K | 75.38K |
| Pretax Income | - | -1.46M | -2.31M | -2.41M | -2.08M | -2.02M |
| Tax Provision | - | - | - | - | - | - |
| Net Income | - | -1.46M | -2.31M | -2.41M | -2.08M | -2.02M |
| Diluted EPS | -23.94 | -6.16 | -3.69 | - | -1.39 | -1.01 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Sep 2021 | Sep 2022 | Sep 2023 | Sep 2024 | Sep 2025 |
|---|---|---|---|---|---|
| Revenue | - | 721.52K | 1.23M | 1.50M | 4.94M |
| Cost of Revenue | - | 536.74K | 1.43M | 1.02M | 3.20M |
| Gross Profit | - | 184.78K | -191.38K | 486.50K | 1.74M |
| Operating Expenses | - | 10.28M | 11.91M | 10.29M | 10.82M |
| Operating Income | - | -10.09M | -12.10M | -9.80M | -9.08M |
| EBITDA | - | -9.73M | -7.63M | -5.91M | -8.29M |
| Interest Expense | - | 511.99K | 723.55K | 252.01K | 254.71K |
| Pretax Income | - | -10.57M | -9.31M | -7.44M | -9.63M |
| Tax Provision | - | -49.44K | 0 | 0 | 0 |
| Net Income | - | -10.52M | -9.31M | -7.44M | -9.63M |
| Diluted EPS | - | -3,025.05 | -478.80 | -188.86 | -15.78 |
Ratios (Annual)
Figures in %.
| Metric | Sep 2021 | Sep 2022 | Sep 2023 | Sep 2024 | Sep 2025 |
|---|---|---|---|---|---|
| Gross Margin % | - | 25.6% | -15.5% | 32.3% | 35.2% |
| Operating Margin % | - | -1,398.6% | -980.6% | -651.4% | -183.7% |
| Net Margin % | - | -1,458.1% | -753.9% | -494.4% | -194.8% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Armistice Capital, LLC | 6.28% | 218.00K | $263.78K |
| 2 | Jane Street Group, LLC | 0.43% | 15.08K | $18.25K |
| 3 | UBS Group AG | 0.42% | 14.43K | $17.45K |
| 4 | National Bank of Canada/FI/ | 0.09% | 3.23K | $3.91K |
| 5 | Harbour Investments, Inc. | 0.01% | 300 | $363 |
| 6 | Osaic Holdings Inc. | 0.01% | 200 | $242 |
| 7 | Caitong International Asset Management Co., Ltd | - | 2 | $2 |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for DFSC
4.0M DEFSEC (Nasdaq: DFSC) shares registered for resale - Stock Titan
<a href="https://news.google.com/rss/articles/CBMiwAFBVV95cUxPSGNxN014UGF6azluLW1aQ3RNbGctQmExVV9iT09VOHRLUU9WQXdLckM4WUhkcVd2MFZxVVZ4NU8wNHpKSFRlcUhnc2ZEV0V6VnFFS01JTVJKUHUxVllrd2VER0hrQzdkT2JKY2RER3JuU2ZJNWREejRzT3BfYnFKUS1TTGNoOGJManBEcT…
DFSC Stock Slides After Volatile Spike Attracts Momentum Traders - StocksToTrade
<a href="https://news.google.com/rss/articles/CBMiggFBVV95cUxOeUVXbkl2SC14LTk1WFNzdXhnOGxiM1pXamg3cUUyMnI1RldEOEhkcjBEdnNPRy1yY0ZYOWVTeGIyYXJNM1Y0MzBqaU9qb0FOQzZyN0tPV3JhbkRSZTZROE5ab3QwMWpVM1BmR3c4eEtxRW9ZUWVuZjl5TUhkTE9KcGRR?oc=5" target=…
DFSC Looks 7.1% Undervalued on GF Value™ - gurufocus.com
<a href="https://news.google.com/rss/articles/CBMiggFBVV95cUxOQkdRbWFWeGRzSndKWVhBbFNoWEdJUkh5S2xZZE1qZGR0S09lenpaWEpWWnFaeW5SdXVnVlU3RDcwN1VqSGMySU5pby04YkxLWWdtVW5IRzQ2U3YtVkMxZ1c4WmFJYzFXY0N6MEpDVUxWaTFYa0Z0V0k3TEtaVGJQWWVB?oc=5" target=…
DEFSEC Technologies Inc. Announces Third Quarter Fiscal 2026 Results - finance.yahoo.com
<a href="https://news.google.com/rss/articles/CBMipwFBVV95cUxPNXQ4MTE1d1RHTm1FOHdtMGxPMVlqMFhYbVJTMDFyRW81ZEhNamxaSVlTRXNaSGFZaVlycmxDemdQbWd2OEdqSENnYnl2T1dJNmZ1cW42MjZvZFd3RnFGRTY4cFQwRnU0cVlFVUlrVHBpcDU2alkwZU1xeVFwaTRjNFFhU1lLaVNOcUhEcV…
DFSC - Finviz
<a href="https://news.google.com/rss/articles/CBMiRkFVX3lxTE9IQXQzSExOdV9lUGd3djhJMEFUWm1GQWZYcktubDc3NVlCZDZXTmpiSFl4dW9DLXhNbDJ0RUQwLWxPOEhldHc?oc=5" target="_blank">DFSC</a> <font color="#6f6f6f">Finviz</font>…
DEFSEC Technologies Posts Surging Q3 2026 Revenue and Advances U.S. Army BLISS Testing - The Globe and Mail
<a href="https://news.google.com/rss/articles/CBMi_gFBVV95cUxQdk1PRVd4ZFdTVGNBckI0SV8xTGo4eWl3VWhIS3Bja3ZZMDFSZnJjamFiZkZOTGxycVBUelprMXFkUDNrYW03Z0RVcUpJSU5QV3FtdmJfWTUzbTlHNWlYNDdVSE1FOEMyS0NsOFJWbWRsVlIzVHlRblc3T1Bqb3Q4VWN2ZVJUS2RFbHVsLT…
DFSC — Frequently Asked Questions
What is the current share price of DEFSEC Technologies Inc. (DFSC)?
As of 2026-09-19 21:16 PDT, DEFSEC Technologies Inc. (DFSC) trades at $1.55 on NasdaqCM. Its 52-week range is $1.21 to $5.25.
What is the market capitalisation of DFSC?
DEFSEC Technologies Inc. (DFSC) has a market capitalisation of $5.38M on NasdaqCM.
What is the P/E ratio of DFSC?
DFSC trades at a trailing price-to-earnings (P/E) ratio of -1.12. The industry average P/E is 26.00. Its price-to-book (P/B) ratio is 1.09.
Is DFSC a good stock to buy?
This page provides a data-driven analysis of DEFSEC Technologies Inc. (DFSC), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.